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State Bank of India ( SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 45th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. [11]
The chairman of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ex-officio chair of its Central Board of Directors. Since its establishment in 1955 by the government of India , the SBI has been headed by twenty-six chairpersons.
Merged with the State Bank of India on 1 April 2017: Indore: 16: Imperial Bank of India: 1921: 1955: Renamed as the State Bank of India in 1955: India: 17: State Bank of Saurashtra: 1925: 2017: Merged with the State Bank of India on 1 April 2017: Gujarat: 18: State Bank of Hyderabad: 1941: 2017: Merged with the State Bank of India on 1 April 2017
Residence (s) Mumbai, India [1] Alma mater. University of Calcutta. Jadavpur University [1] Lady Brabourne College, Kolkata. Arundhati Bhattacharya is a retired Indian banker and former Chairperson of the State Bank of India. [1] She is the first woman to be the Chairperson of State Bank of India. In 2016, she was listed as the 25th most ...
CASA ratio stands for current and savings account ratio. CASA ratio of a bank is the ratio of deposits in current, and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3-4%.
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...
A current account surplus increases a nation's net foreign assets by the amount of the surplus, and a current account deficit decreases it by that amount. A country's balance of trade is the net or difference between the country's exports of goods and services and its imports of goods and services, excluding all financial transfers, investments ...
SBI Cards & Payment Services Limited, previously known as SBI Cards & Payment Services Private Limited, is a credit card company and payment provider in India. SBI Card was launched in May 1998 by the State Bank of India and GE Capital. In December 2017, the State Bank of India and The Carlyle Group [4] acquired a stake in the company.
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4236 Buckeye Parkway, Grove City, Ohio · Directions · +1 614-221-3233